AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Ratings of“ a+” of members of Nodak Insurance Group. Concurrently, AM Best has affirmed the Long-Term ICR of“ bbb+” of NI Holdings, Inc., a publicly traded holding company. The ratings also reflect Nodak’ s neutral business profile driven by its market position as a leader in personal.
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AM Best Affirms Credit Ratings of Members of Nodak Insurance Group and NI Holdings, Inc.
April 14, 2021 GMT
OLDWICK, N.J. (BUSINESS WIRE) Apr 14, 2021
AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a+” of members of Nodak Insurance Group (Nodak). Concurrently, AM Best has affirmed the Long-Term ICR of “bbb+” of NI Holdings, Inc. (Fargo, ND) [NASDAQ: NODK], a publicly traded holding company. The outlook of these Credit Ratings (ratings) is stable. (See below for a full listing of companies and ratings.)